Northern Trust CEO Defends Golf Sponsorship in Face of Critics 2009: News Government

Northern Trust CEO Defends Golf Sponsorship in Face of Critics

More News Government funds supported &226&8364&339high-quality loan growth,&226&8364 helping to increase Northern&226&8364&8482s loans and leases by 21 percent in 2008 to more than $30

billion, Waddell said in the letter said. &226&8364&732Invest in Our Clients&226&8364&8482 &226&8364&339At a time when the nation is attempting to rise above its current economic difficulties, it is important for healthy banks like Northern Trust to continue to invest in our clients and the communities we serve,&226&8364 Waddell said.

Kerry proposed legislation that would impose a $100,000 fine on any TARP recipients misusing the funds and require them to reimburse the government.

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